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3 years ago

Moore's law states that every 18 months, the computing speed of a microchip doubles.

Business

1 answer:

horrorfan [7]3 years ago

5 0

Answer: The price level falls and output rises.

Explanation:

According to Moore's law, it is stated that the computing speed of a microchip doubles every 18 months. According to Moore, this will increase thespeed and capability of computers and also bring about lesser pay for the computers.

The effect of this on the economy is that it will lead to a fall in price level and increase in output as there will be faster and cheaper production. This can be shown in the diagram attached.

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In November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $27,000. Alan made the appropriate year-end

Dafna11 [192]

Answer:

The journal entry as of march 1 will be:

Debit Notes payable $27,000

Debit Interest payable $450

Debit Interest Expense $450

Credit Cash $27,900

Explanation:

payable amount = $27,000

Issued on 1st Nov

Term = 120 days

Maturity on 1st march.

Days from 1st Nov to 31st Dec = 60 days

Days from 1st Jan to 1st March = 60 days

Total 61 + 59 = 120 days

Interest expense from 1st Nov to 31st Dec

= 27000 x 10% x 60/360

= $ 450

This $450 has been debited as Interest expense and Credited as Interest payable on Year end Accrual.

Interest expense from 1st Jan to 1st March

= 27000 x 10% x 60/360

= $450

One maturity, 1st March, cash payment would include $27000 (amount of notes payable) + $900 (interest amount = 27000 x 10% x 120/360).

Total cash payment = $ 27,900

This cash payment of $27,900 will be credited.

Interest expense (1st jan to 1st march) of $450 will be debited.

Interest payable (1st Nov to 31st Dec) of $450 will be debited, and

Notes payable amount of $27,000 will also be debited.

Therefore , The journal entry as of march 1 will be:

Debit Notes payable $27,000

Debit Interest payable $450

Debit Interest Expense $450

Credit Cash $27,900

7 0

3 years ago

The standard rate of pay is $20 per direct labor hour. If the actual direct labor payroll was $117,600 for 6,000 direct labor ho

White raven [17]

Answer:

The variance is: $ 0.50 per direct labor hour.

Explanation:

Actual payroll = $117,000/6000h = $19.50 per hour

So, if we compare this value with the standard rate of pay ($20 per direct labor hour) The variance is: $20.00 - $ 19.50 = $0.50 per hour

5 0

3 years ago

A special assessment tax is a tax levied against specific properties that will benefit from a public improvement. It is only lev

Scrat [10]

Answer:

It would take the form of a tax on houses in a small neighborhood, to pay for the new street lamps in that area.

Explanation:

Special taxes are taxes that have a specific application since they affect only a certain group of goods and services that, given their characteristics or effects, are chosen by the government or the tax authority to be subject to a particular tax.

Special taxes are indirect taxes that are applied to the consumption of certain goods or services (such as alcohol or hydrocarbons). They are linear in relation to disposable income.

7 0

3 years ago

Swifty Corporation has assets of $4345000, common stock of $1076000, and retained earnings of $629000. What are the creditors’ c

Umnica [9.8K]

Answer:

$2,640,000

Explanation:

Given the above information,

Creditor's claim is computer as

= Assets - Common stock - retained earnings

Given that

Assets = $4,345,000

Common stock = $1,076,000

Retained earnings = $629,000

Creditor's claim on their asset = $4,345,000 - $1,076,000 - $629,000

= $2,640,000

8 0

3 years ago

Coercive power is the Multiple Choice power exercised by use of fear of punishment for errors of omission or commission by emplo

slamgirl [31]

Answer:

power exercised by use of fear of punishment for errors of omission or commission by employees.

Explanation:

Coercive power is characterized because the use of force to get a worker to obey an order or command, where control comes from one's right to threaten the employee for non - adherence. Like that this power is in place when a person worked an order in fear of losing their job or their benefits package.

7 0

4 years ago

Read 2 more answers